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Of FDI, Wal-Mart & controversies: An eventful year for retail

-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...

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A history of victimisation -Urvashi Dev Rawal

-The Hindustan Times Jaipur: Indian women are speaking out against violence, enraged by the gangrape of a 23-year-old inside a moving bus in Delhi. But past records show that women – especially in the hinterlands – who dare to speak up usually fight a lone battle against the system. Hindustan Times profiles a few courageous rape victims in Rajasthan, who are still awaiting justice. Bhanwari Devi (Bhateri, Jaipur district) Bhanwari Devi was gangraped in...

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Govt readies terms of Walmart probe -Sidhartha

-The Times of India The government's probe against Walmart over its lobbying-related disclosure is expected to include identification of alleged beneficiaries of the payments, a move that is aimed at blunting any opposition to foreign direct investment in multi-brand retail. Sources familiar with the development told TOI that the basic mandate given to the retired judge, who will investigate the issue is to ascertain if any portion of the lobbying expenses have...

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‘Walmart affiliate used Bribes to open 19 new stores in Mexico’

-Reuters New York: WalMart Stores Inc’s Mexican affiliate routinely used Bribes to open stores in desirable locations, according to a New York Times investigation published Monday, which cites 19 instances of the retail giant paying off local officials. The Times first reported in April that Walmart had intentionally stifled an internal probe into Bribery at its Mexican affiliate Walmex. Late last month, Mexico’s anti-corruption body said it found no irregularities in the...

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From farm gate to your plate -Gaurav Vivek Bhatnagar

-The Hindu The retail vegetable sellers have now started quoting the prices of almost all items in pao or 250 grammes. The concept of darjan or dozen has almost been replaced by the kilogramme for the humblest of fruits like bananas and oranges. But this means little to the common household which now literally thinks twice before buying any grocery item. A common refrain heard often from politicians is that prices are...

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